How often can you increase the rent?

Rent cannot be increased at intervals of less than 12 months. Landlords must give tenants at least eight weeks’ written notice of a rent increase. In a fixed-term lease, the increase date must be outside the term dates.

How will you find the perfect tenant/s for my property?

Our leasing consultant will meet all potential tenants when conducting open homes for the property. Our leasing team will then closely assess whether the property will be a right fit for those who have applied for the property. Once the applications have been processed and the references have been called for each, we take all applications to the owner, who will decide which applicant to approve of living at the property.

How many routines can be conducted yearly?

A landlord is allowed to inspect a property twice every 12 months. The landlord can also conduct an inspection within the first month of the tenancy and within the last month.

What maintenance is the tenant responsible for, and what is the landlord responsible for?

If there is a noticeable impact or damage that has occurred during a tenancy, it usually falls under the tenant. General upkeep, such as a globe, also falls under the tenant. If the damage falls under general wear and tears due to ageing, this will fall under an owner to repair. However, maintenance can always be a grey area, so it is best to ask your property manager first.

How much notice must a tenant provide if they are on a periodic tenancy?

A periodic lease is a month to month. In the ACT, tenants are only required to give 21 days’ notice in writing.

What is the process if my tenant requests to keep a pet at the property?

If the tenant requests to keep a pet at the property, they must write to the lessor to ask for consent. If the lessor refuses to consent, they will be required to apply to the ACT Civil and Administrative Tribunal for approval.

21 Wade Street, Watson ACT 2602

$1,395,000 +

Home Open

Saturday, 17th January 03:00 pm to 03:30 pm

5
2
1
EER2.0

Land size: 770 m²Building size: 139 m²

Parkside Living with Exceptional Flexibility and RZ2 Zoning

Positioned directly opposite leafy parkland in a tightly held, family-friendly loop street, this well-presented Inner North home sits on a generous 770sqm RZ2 block and delivers a rare blend of lifestyle appeal, space and future potential. With Watson shops just a short stroll away and reserve access at your doorstep, this is a location that continues to hold strong long-term value.

The main residence comprises four bedrooms, a light-filled living and dining area, and a separate family room, creating distinct zones for everyday living. Adding further versatility is a separate structure offering a fifth bedroom and lounge – ideal for guests, teenagers, extended family, a home office or studio. Comfortable to live in now, the property also offers clear scope to renovate, rebuild or take advantage of the RZ2 zoning over time.

Features:
– 770sqm RZ2 block directly opposite parkland
– Highly sought-after Watson loop street with a strong family focus
– Main residence with four bedrooms
– Living and dining area plus separate family room
– North-facing living areas filled with natural light
– Well-designed kitchen with practical storage and plenty of bench space
– Spacious master suite
– Two bathrooms with tastic heating lights and exhaust fans
– BRIVIS ducted gas heating to bedrooms and living areas
– Ensuite fitted with infinity hot water system
– Separate structure providing a fifth bedroom and lounge
– Flexible accommodation ideal for multi-generational living or work-from-home use
– Extensive paved outdoor entertaining areas
– Enclosed carport
– Direct access to reserve land and green space
– Walk to Watson shops, schools, EPIC markets and light rail
– Minutes to Dickson and Braddon precincts
– Live in comfortably, renovate, rebuild or embrace the potential of RZ2 zoning (subject to ACT Planning Approvals)

EER: 2.0
Rates: $4,866 pa (approx.)
Land Tax: $10,085 pa (approx.)
Living Area: 139m²
Land Size: 771m²
Land Value: $865,000 (2025)

Nearby
– Majura Primary School
– Lyneham High School
– Campbell High School
– Dickson College
– Mount Majura Reserve
– Watson Woodlands
– Sports Ovals
– Australian Catholic University